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The DeFi space is gradually realising its unique value proposition. The DeFi space is gradually realising its unique value proposition. It is without a doubt that **DeFi** is still in the early stage where users still experience sufficient frictions in interacting with the DeFi applications. However, the **DeFi** world is working together to grow and produce innovative solutions to reduce these user frictions and connecting the dots to form an integrate decentralized…
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DeFi Asset Management Overview **ASSET MANAGEMENT SECTION SUMMARY** The development of the **asset management sector** is still in its early stage and is correlated with the growth of the broader DeFi industry. Despite the strong growth such as **InstaDApp**, **Argent**, **Set Protocol** and **Melon Protocol** in H1 2020, asset management projects overall have not yet reached widespread usage. However, the characteristics of asset management projects determine their…
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How to earn Interest With Uniswap **Uniswap** is a completely **decentralized exchange** for ETH and other tokens that are issued on the Ethereum blockchain, for example Compound’s COMP token. **Uniswap provides two main use cases**: users can provide liquidity for others who want to exchange tokens or they can exchange tokens against each other. If you provide liquidity, you earn a commission fee of all trades being made by traders. **In the following we will take a closer…
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Smart Contracts In Financial Application Financial primitives: core financial functions coded into smart contracts **Smart contracts** are very flexible and offer solutions for industries such as energy, logistics, healthcare, and in particular, the financial sector. Here, smart contracts can enable simple functions such as payment (**stablecoin**) and credit (**lending/borrowing**), as well as more complex functions such as derivatives (**leverage, swaps**) and trading with…
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Decentralized Finance Usability (DeFi) Usability risk Could DeFi be A risk, or better, a major weak point closely related to the **technical implementation**, is the usability or user experience of DeFi protocols that are often complicated, unintuitive, and designed for crypto-native users. **DeFi projects** have struggled to gain traction beyond those that are inherently familiar with **Ethereum**. Many products require users to handle multiple tokens within their own,…
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Religious And Psychological Functions Of Money Religious and Psychological Functions of Money **Money** is said to have various psychological or religious functions. **One new religion told its followers that donations would expel the devil’s impurities.** These donations, which could be as much as ten million dollar per person, are a kind of religious payment of our day. **Money** is one way of “purifying” through repayment of **social obligations**. A book entitled…
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A Real Market: What Is a “Distributed” Market? A Real Market: What Is a “Distributed” Market? Now let’s think how we can describe markets from the perspective of **“no money, no market.”** We have said that a **“concentrated market”** in modern economics is a fi ction. How then could we comprehend real markets as opposed to theirs? It is time to say what a distributed market is. A market is a “place,” in a metaphorical sense, where we buy and sell goods with money. It is not…
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Is Money the Same as Language? Is Money the Same as Language? Rather than making barter more effi cient and convenient, money makes exchange between a good and itself possible. Money, while opening a door to market economy and with it a rich material civilization based on wide commodity trading, can also bring unwelcome phenomena like hyperinfl ation, bubbles, crises, and recession when they collapse. Like language, it is a double-edged sword. Human beings can use their two…